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Kathmandu, May 7 – The Nepal Industrial Chambers of Commerce and Industry (NICCI) along with Unilever Nepal convened for talks on Tuesday to discuss an array of critical industry-related issues. As stated by NICCI, issues of importance encompassed the return of dividends, the necessity to reassess tariffs and taxes on raw materials—particularly when contrasted…
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The European Union is accelerating free trade talks with Asia following hefty tariffs by US President Donald Trump, the bloc’s trade chief said Wednesday. Since March, Trump has implemented several increased tariffs on European products. His most significant action involved imposing a 20 percent tariff on most EU goods last month. However, this was…
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Morocco has bolstered its standing in the European textiles and apparel market, ranking as the eighth largest supplier to the EU based on increased exports to major markets, as indicated by recent statistics provided by the Moroccan Association of Textile and Clothing Industries (AMITH). By the close of February 2025, European Union imports of…
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The Senate Standing Committee on Commerce, led by Chairman Senator Anusha Rehman, convened an important gathering to explore strategies for attaining the export goals established by Prime Minister Shehbaz Sharif. The discussion particularly emphasized the potential implementation of a barter trade system with Iran. The panel instructed the Ministry of Commerce to expedite the…
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By Kestér Kenn KLOMEGÂH Today, driven by the Kremlin’s diplomatic efforts and backed by the Ministry of Foreign Affairs’ Department of Partnership, Russian firms are advancing numerous developmental initiatives and corporate entrepreneurship ventures across Africa. The St. Petersburg summit has laid out a detailed action plan aimed at enhancing comprehensive bilateral economic collaboration with…
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As Africa’s economic influence continues to rise, Dubai is increasingly recognised as a pivotal partner in the continent’s global trade ambitions. Dubai offers more than just a geographical link to key international markets; its dynamic ecosystem empowers African businesses to amplify their reach and impact on a global scale. Dubai’s attraction for African businesses…
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By Sandra Agyeiwaa OTOO In an effort to revamp Ghana’s agricultural industry, DHL, alongside SIPAB and Eurocham Ghana, organized a key stakeholders’ gathering aimed at engaging chosen agribusinesses and small-scale farmers. The objective was to explore and establish a viable trade logistics framework designed to bolster the agricultural sector sustainably. The corporate gathering in…
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By Seth KRAMPAH \xa0 According to a study conducted by CARISCA (Center for Applied Research and Innovation in Supply Chain – Africa), Ghana’s import volumes are expected to decrease, dropping under 1.5 million tonnes by the year 2030. In the meantime, exports are anticipated to increase, hitting around 1.2 million tons during this timeframe,…
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By Sandra Agyeiwaa OTOO In an effort to revamp Ghana’s agriculture industry, DHL, alongside SIPAB and Eurocham Ghana, organized a strategic gathering involving key stakeholders from select agribusinesses and small-scale farmers. The purpose was to explore and establish a viable trade logistics framework aimed at bolstering the agricultural sector sustainably. The corporate gathering in…
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Vietnam is facing challenges in exporting durians to China due to more stringent quarantine regulations and increased competition from other nations, leading to a significant decline in local market prices. Fruit containers may take up to a week for clearance at the border, compared to just one or two days previously, due to Chinese…